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PSA tops all in global terminal operator throughput standings in 2014
SINGAPORE's PSA International has again topped global rankings of container terminal operators with a throughput of 55.1 million TEU in 2014 - though its market share fell to 8.1 per cent.
The world's top five remained unchanged: 1) PSA International 2) Hong Kong's Hutchison Port Holdings, 3) Maersk's APM Terminals 4) Dubai's DP World and 5) China's Cosco Pacific.
The news comes in the Drewry Maritime Consultants' Global Container Terminal Operators Annual Report 2015, in which the market share of the top three players fell, but rose for those placed fourth and fifth.
DP World saw the largest rise in throughput of the top five operators, increasing throughput by three million TEU to a total of 35.8 million TEU. It also increased its global share to 5.3 per cent. Total world throughput reached 677.9 million TEU last year, a rise of 5.5 per cent.
"Overall, all the big players are in the 75-85 per cent average utilisation band across their portfolios," said the author Neil Davidson, the top Drewry analyst.
Drewry says rising demand and bigger ships are drive the port investment boom. By 2019, it expects PSA International to add around 24 million TEU of capacity, APM Terminals 17 million TEU, DP World 14 million TEU, Hutchison 14 million TEU and Cosco Pacific, 9 million TEU.
The world's top five remained unchanged: 1) PSA International 2) Hong Kong's Hutchison Port Holdings, 3) Maersk's APM Terminals 4) Dubai's DP World and 5) China's Cosco Pacific.
The news comes in the Drewry Maritime Consultants' Global Container Terminal Operators Annual Report 2015, in which the market share of the top three players fell, but rose for those placed fourth and fifth.
DP World saw the largest rise in throughput of the top five operators, increasing throughput by three million TEU to a total of 35.8 million TEU. It also increased its global share to 5.3 per cent. Total world throughput reached 677.9 million TEU last year, a rise of 5.5 per cent.
"Overall, all the big players are in the 75-85 per cent average utilisation band across their portfolios," said the author Neil Davidson, the top Drewry analyst.
Drewry says rising demand and bigger ships are drive the port investment boom. By 2019, it expects PSA International to add around 24 million TEU of capacity, APM Terminals 17 million TEU, DP World 14 million TEU, Hutchison 14 million TEU and Cosco Pacific, 9 million TEU.
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